What Is the Legal Term Given to a Clause That

question 75

Multiple Choice

What is the legal term given to a clause that makes a contract enforceable against a buyer only if the buyer is able to secure a satisfactory building inspection?

• A) a liquidated damages clause
• B) a limitation of liability clause
• C) a condition subsequent
• D) a condition precedent

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Definitions:

Equity Sensitivity

An individual’s preference for fairness and equity in their interactions and distributions of resources with others.

Primary Needs

Fundamental human requirements including physiological and safety needs that are essential for survival.

Workforce Entrants

Individuals who are newly entering the job market, either for the first time or after a significant break.

Procedural Justice

The fairness perceived in the processes and procedures used to make decisions and allocate resources.